The Following Data Apply to Elizabeth's Electrical Equipment The Company Plans on Distributing $50 Million by Repurchasing Stock

question 22

Multiple Choice

The following data apply to Elizabeth's Electrical Equipment: $$\begin{array} { l r } \text { Value of operations } & \$ 20,000 \\\text { Short-term investments } & \$ 1,000 \\\text { Debt } & \$ 6,000 \\\text { Number of shares } & 300\end{array}$$ The company plans on distributing $50 million by repurchasing stock.What will the intrinsic per share stock price be immediately after the repurchase?

• A)$47.50
• B)$50.00
• C)$52.50
• D)$55.13
• E)$57.88

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Definitions:

Global Capitalist Society

A social system characterized by the global dominance of capitalist economic practices, including free markets, private ownership, and the pursuit of profit.

Material Feminism

Material Feminism combines feminist analysis with Marxist theory, emphasizing the role of material conditions in shaping women's lives and gender inequality.

Socialist Feminism

A feminist movement that incorporates both the fight for women's rights and the analysis of class struggle, advocating for both gender and economic equality.

Historical Materialism

A Marxist framework that sees societal development and changes as fundamentally determined by material conditions rather than ideals.